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Gatsby Florida secures $119M construction loan for spec office project in Palm Beach Gardens
Gatsby Florida secured a $118.6 million construction loan for a sprawling Palm Beach Gardens commercial development. The Miami-based company is planning a 200,000-square-foot office and retail development at 11200 RCA Center Drive in Palm Beach Gardens, northwest of…
🎙️ EL ANÁLISIS DE ALBERTO
Un financiamiento de esta magnitud para oficinas especulativas en Palm Beach Gardens confirma que los prestamistas todavía apuestan fuerte al corredor de PGA, algo que los inversores deberían tomar como señal de confianza en esa submicrozona.
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THE REAL DEAL · SOUTH FLORIDA
Live Local movement: DFRE developing 112-unit project in Miami Health District
DFRE is developing a Live Local Act project in the Miami Health District, joining a small group of developers building under Florida’s workforce housing law.…
🎙️ ALBERTO
Ver desarrolladores que realmente rompen tierra bajo Live Local, y no solo presentan papeles, es la prueba de que la ley empieza a traducirse en unidades reales para la fuerza laboral del Health District.
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THE REAL DEAL · SOUTH FLORIDA
Harvey Hernandez’s ups and downs
In a conference room overlooking downtown Miami’s skyline, Harvey Hernandez doesn’t mince words about his most recent setback: losing a prime development site…
🎙️ ALBERTO
La historia de Hernandez nos recuerda que hasta los desarrolladores más experimentados pueden perder terreno frente a jugadores con más espalda financiera como Kushner; en este ciclo, el capital paciente gana.
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THE REAL DEAL · SOUTH FLORIDA
Dov Stark’s Fort Lauderdale spec home finds buyer for $51M
Dov Stark’s record-setting Ember House found a buyer. The new 15,000-square-foot waterfront estate in Fort Lauderdale’s Sunrise Intracoastal neighborhood is u…
🎙️ ALBERTO
Una spec home de $51M vendida en Fort Lauderdale demuestra que el ultra lujo waterfront sigue teniendo demanda genuina, aunque cada vez más concentrada en compradores muy selectivos y anónimos.
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THE REAL DEAL · SOUTH FLORIDA
Two Roads settles with holdout condo owners, ending Biscayne 21 legal saga
Two Roads Development settled with the holdout condo owners at Biscayne 21, effectively ending a yearslong saga over the buyout and termination of the waterfr…
🎙️ ALBERTO
El cierre del litigio en Biscayne 21 es una buena noticia para el mercado de condo terminations: muestra que incluso los holdouts más tenaces eventualmente negocian, dando previsibilidad a futuros proyectos de reconversión en Edgewater.
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THE REAL DEAL · SOUTH FLORIDA
Terra lands $245M refi for newly built apartments as rental market muscles its way back
David Martin’s Terra landed a $245 million refinancing for a huge apartment complex it completed this summer, just as the multifamily market oversupply starte…
🎙️ ALBERTO
Que Terra consiga un refi de $245M justo cuando el mercado multifamily empieza a absorber el exceso de oferta es una señal alentadora para inversores institucionales que esperaban el momento de re-entrar al sector rental.
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